Public service, along with these other television providers, giving you a front row seat to democracy. Federal reserve board chair Jerome Powell outline the Central Banks Monetary Policy before the Senate Banking housing and urban Affairs Committee. He also talked about the state of the u. S. Economy, inflation, Interest Rates, and bank Capital Requirements. This is to 15. Thank you, hows urban Affairs Committee will come to order. Give it again, you can certainly do that. The fed has immense power in shaping our economy. Your job is clear. Promote stable prices and maximum employment. Today, the cost of living is still far too expensive for most americans. The fed has only one tool available to fight those high prices. Interest rates. That tool does nothing to address the real cost, the real cause for why costs remain too high. Corporations price gouging to boost profits and make their shareholders richer. High rates dont force higher Interest Rates dont force corporations to lower th
Welcome and good afternoon. I am Vice President here at the urban institute the centron labor, human services. And also a Financial Wellbeing expert. So todays topic is near and dear to my heart. Thank you to all of us who joined both in the room today and online. Before a jump in here are a few notes on housekeeping. One the event is being recorded. The recording and relevant links will be posted online after the event. If you are joining us virtually the are turned on you can adjust those at the bottom of your screen. And if you are in the room you can use the qr code thats on all of your table to submit your questions and that virtual audience can submit your questions directly into the question and answer box at any time. We are going to be sharing a link with a post event survey and we ask that you share your feedback with us. It is helpful for us and for panelists to hear what you are thinking about and to shape how we do events in what we look at in the future. If you would like
Especially for those living in foldable communities. The Treasury Department released a report the day of this event. This is hosted by the urban institute in washington d. C. It runs about an hour and 20 minutes. Welcome and good afternoon. I am Vice President here at the urban institute the centron labor, human services. And also a Financial Wellbeing expert. So todays topic is near and dear to my heart. Thank you to all of us who joined both in the room today and online. Before a jump in here are a few notes on housekeeping. One the event is being recorded. The recording and relevant links will be posted online after the event. If you are joining us virtually the are turned on you can adjust those at the bottom of your screen. And if you are in the room you can use the qr code thats on all of your table to submit your questions and that virtual audience can submit your questions directly into the question and answer box at any time. We are going to be sharing a link with a post even
Attorney general Jeff Sessions, one of the speakers at the National Lawyers society federalist meeting in washington. Later there will be a keynote speech by white House Counsel gahn. D mc live coverage, here on cspan. [applause] host good afternoon, ladies and gentlemen. It is a great pleasure to be with you and to look at this overflow audience here. Particularly, its an honor to me to introduce a gentleman. Hat i have known for long time hes a good friend and certainly a person i have great admiration for. As lawyers we all appreciate the many responsibilities of the attorney general. He is, of course, the chief Law Enforcement officer of the area easedernment area eased the Legal Advisor to the executive branch. And he has a special responsibility to the people of the country to be sure that the constitution is preserved and protected. Sessionscareer of jeff could not have been better to make him such an ideallyqualified person for this responsibility. Jeff, of course, as you know,
Sort of analogous to portfolio insurance in 87. Stuart not like you to engage me in conversations in the first minutes of your show but i will tell you neil im kidding. Im kidding. There is always sort of a monday morning quarterback that comes back to look at weird things prior. You and i can remember the whole portfolio insurance thing of 87. Just me, just me alone, all these Creative Products that are meant to sort of cushion the blow of just Market Forces end up creating the crisis to begin with . Stuart all i will say is, neil, dont ever come on my show with that stuff, you will get the buzzer throughout. That is a fact. I should have taken your question seriously. I got a car waiting for me right outside. It is warming up. Neil lizzie would appreciate my curiosity on this. Liz yes i do. Neil talking to the wrong person amounts soon as the papers were cleared, thats it. Thank you, my friend. I think stuart is absolutely right to say im obsessing about something so arcane. We didnt